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  3. The table below shows the changes in price of oil, milk, holden commodore, CIP, housing, and shares. Using the information in th

The table below shows the changes in price of oil, milk, holden commodore, CIP, housing, and shares. Using the information in th

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问题 The table below shows the changes in price of oil, milk, holden commodore, CIP, housing, and shares.
Using the information in the table, write a short report of the rise in oil price and other goods, and then give your conclusion drawn from the table.
Write 120—140 words on your Answer Sheet.
OIL PRICES ARE LOW
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答案The table shows that in the last 25 years, nothing has remained stable in prices. Compared to the rise in prices for a whole range of other goods, wages, houses and shares, the rise in oil prices in the world has been the smallest. The holden commodore and average weekly wage have risen by more than 300 percent, while the average housing price, taking Australia as an example, has even soared up by 694 percent, which is several times more than that of the rise in oil prices. From the table we find that almost all the prices of the other goods, except oil, are moving up steadily and quickly. With steady and fast rising of people’s income and CPI, we can find people’s consuming ability has also greatly improved. It can be concluded that there still is great space for further rises in oil prices, and that a further move up trend in oil prices in response to strong global demand is likely to appear in the near future.
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